19 May USD/CNH Daily
01::04 GMT - Consolidation seen last week spilling over to the new weekand ability to clear supports at 6.2243/09 will trigger a bearish breakout of 5-week Head-shoulder pattern and signals more downside potential. Above 6.2456 hurdle will shift pressure towards upside. [W.T]
R5: 6.2490 * 25 Apr/1 May lows
R4: 6.2470 6 May high
R3: 6.2456 * 13 May high
R2: 6.2403 14 May high
R1: 6.2383 16 May high
S1: 6.2280 16 May low
S2: 6.2242 8 May low
S3: 6.2209 * 7 May low
S4: 6.2169 * 17 Apr low
S5: 6.2100 figure
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